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What is stock take? What is the importance and how do you do?
What is a stock take and why is it important?
The stock take is the fundamental part of any business dealing with goods. It’s a way to keep a track of your inventory, ordering process and reduce over stocking.
In order to achieve these goals a firm process is needed to carry out the stock take itself.
How to do stock taking
1. Choose a good time
It is crucially important to conduct your stock check at the right time. It can be a time-consuming process and you need to pick a day when you’ll have all the resources you need. It may require setting staff hours aside during a less busy period or, in some circumstances, might even require you to shut up shop for the day while you get your house in order.
2. Print your stock sheets
You need to have printable stock sheets built in you

Customers are fallible, forgetful and distracted by lifes mundanities and sometimes an appointment we made weeks ago might just slip our mind.
Many SMEs manage their clients with online bookings app whatever business you`re a beauty salon, gym, golf club, optician, swimming pool, barber or hairdresser. If your customers looking to make bookings you need to have a fully integratable solution. You need to afford more leverage and control over your customers how they are interacting with your business.
1) Reminders
Automated confirmations and reminders won’t miss your customer’s appointments. If the customers are unable to make it the reminder will prompt them to cancel their appointment, allowing you to resell their space. Businesses who have bookings system experience a 50% reduction in no-shows, saving hours of wasted time and minimising lost revenue.
2) Convenience
Customer should be able to access you

The BDO High Street Sales Tracker shows year-on-year high street sales dropped by 3.8% last month.
The worst performed sectors were lifestyle, fashion and homeware in April, dropping 3.7%, 3.3% and 8.8% respectively with the latter seeing its worst performance in a decade.
Despite for the seventh consecutive month sales failed to grow by more than 1%, not all sectors performed poorly.
Compared to last year online fashion sales grew by 25.4% thanks to the month’s mini-heatwave, growing well above the average online of 16.4%.
Following more uninspiring results, retailers will be looking ahead to May’s bank holidays and the royal wedding to boost sales and consumer confidence.
“After another set of poor results, it’s perhaps time for retailers to seek out emerging positive trends on which to reignite consumer spending,” BDO head of retail Sophie Michael said.
Some real earnings around the corner coupled with a royal wedding and two b

According to insolvency specialist Begbies Traynor research, the number of firms experiencing “significant” financial distress at the end of March rose by 21% year-on-year, representing 10,000 more businesses.
General retailers were the hardest hit of these with those reporting distress rising 25% to 30,668 as discretionary spending hit its lowest level since 2012.
Food and drug retailers are less dependent on consumer spending in general and weather conditions for sales, also saw numbers reporting distress up 11% to 12,290 over the last 12 months.
“Almost weekly we hear news of another major retailer that is struggling – from the recent administrations of Maplin and Toy ’R’ Us, to Carpetright’s closure of a quarter of its stores and the recent CVAs of New Look and Select – indicating that even the most established brands are failing to entice customers through their doors,” Begbies Traynor partner Julie Palmer said.
With competition on the high stree

Still the feature is in its beta stage, retailers like Nike have already signed on as early partners.
The footwear brand launched a new pair of limited edition shoes to coincide with its new Messenger AR advert through which customers are allowed to view a virtual render of the shoe when chatting with Nike’s chartboat and make a purchase.
“When a person interacts with your business in Messenger, you can prompt them to open the camera, which will be pre-populated with filters and AR effects that are specific to your brand,” Facebook said.
“This feature leverages the nature of messaging to help people get valuable, instant feedback about purchases, customizations, and more, without ever needing to set foot in a store.”
1.3 billion People have understood the usage of the Messenger app and the social media behemoth has said that as part of the long-term revenue growth strategy ads within the app will be important.
Facebook said it also plan

According to the RICS UK Commercial Property Market survey, 43% of respondents saw a drop in demand throughout the first quarter. It is the lowest level of demand marked since the height of the financial crisis in 2009.
Furthermore the number of respondents noting an increase in availability in the retail sector which has rose by 43% in the same period.
On a yearly basis, expectations of respondents over prime retail rents to rise jumped 24%, rising even further for secondary retail rents across all parts of the UK.
“It has been hard to escape the grim news from the high street in recent months with a whole host of well-known names either closing down or looking to scale back their footprint,” RICS chief economist Simon Rubinsohn said.
The latest survey results of chartered surveyors suggest that this challenging environment is unlikely to let up anytime soon. Indeed, the feedback regarding secondary retail locations points to further falls in ren